business registration services

Limited Liability Partnership (LLP) Registration

A Limited Liability Partnership is a corporate business vehicle that enables entrepreneurial initiative to operate in flexible and efficient manner by providing the benefits of limited liability and allowing its members to organize their internal structure as a partnership.

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    An Overview

    A Limited Liability Partnership is a corporate business vehicle that enables entrepreneurial initiative to operate in flexible and efficient manner by providing the benefits of limited liability and allowing its members to organize their internal structure as a partnership. LLP form of business is ideal for all classes of entrepreneurs whether it be traders, manufacturers or professionals. It is easy to incorporate and manage. LLP is more credible and preferable than a normal partnership firm. Limited Liability Partnership has been introduced in India by way of Limited Liability Partnership Act, 2008. It exhibits elements of both partnership and corporation. In LLP, one partner is not responsible or liable for another partner’s misconduct or negligence unlike a traditional partnership in which each partner has joint and several liability.

    Register Your
    Limited Liability Partnership

    • Easy to start
    • Less legal compliances & registrations
    • Less cost of formation and operation
    • Proper Consulting

    Procedure

    • Application for Digital signature
    • Application for Name Approval
    • Drafting & Signing of Partnership deed
    • Filing of Required documents
    • Issue of Certificate of incorporation
    • PAN Card Application
    • TAN Card Application
    • Application for Director Identification Number (DIN)

    Benefits

    • Easy to start
    • Less legal compliances & registrations
    • Less cost of formation and operation
    • Proper Consulting

    N Pro Advantages

    • Pre incorporation advise whether a LLP is suitable for your business
    • A professional drafting of partnership deed to ensure no complication in future
    • Advise on mandatory and unnecessary compliance to further reduce your cost of compliance
    • Complete support and guidance for Pre to post incorporation compliance
    • A professional drafting of Partnership deed to ensure no complication in future
    • End to End services from drafting the documents to post incorporation services

    Document Required

    Pan Card of Partners

    Aadhar card of Partners

    Registered Address Proof

    Any Utility Bill / Electricity Bill / Mobile Bill

    Six possible Names of Proposed LLP

    Limited Liability Partnership Registration

    Frequently Asked Questions

    How much Minimum Capital Required for Limited Liability Partnership (LLP)?

    One Lakh Rs is minimum capital to LLP

    Do I need to maintain this one Lakh Rs in our LLP Account?

    No, Once company is formed and money is deposited in Private Limited Company, for share allotment, the money can be used for any business purpose and no need to maintain the balance in Bank Account.

    Can I form a Limited Liability Partnership (LLP) only on my name?

    To form a LLP at least two promoters will be required, However you can form One Person Company, In case you want to form a company in which you hold all shares.

    We want to Start up a Business in which we are looking for Investors, Which form of Business will be most appropriate?

    Private Limited Company will be most appropriate for startups who are looking to raise capital for their venture, as only in Pvt Ltd Company you can easily keep investors and management separately, However If finance is not the immediate requirement then LLP will be more better option. To understand further this concept contact our experts.

    Once name approved, can we use this name for Business?

    Until you don’t receive Certificate of Incorporation (COI) You can not use the name to get into any business transactions, Any Pre- Incorporation agreement or work will be personal liability of partners.

    In what type of Business LLP is better Option then forming a Private Limited Company?

    LLP is smart option where the main objective is to provide professional services, Such as Lawyers , Medical, Clinic, Consulting, Extending Loan facility, Clearing & Forwarding. In nutshell where business require light capital investment but more service offering is required.

    How LLP is better option then Private Limited?

    Limited Liability Partnership is in fact a light version of Private limited company, It enjoys easier compliance, Easy to incorporate and easy to dissolve as compared to a private limited company.